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41 School Street, Lake Placid, NY 12946

New Listing
$375,000
Property Type: Residential Income Square Footage: 1,518 Status: Active
Current Price: $375,000 List Date: 7/18/2026 Last Modified: 7/18/2026

Description

Conveniently located two family home in the heart of the Lake Placid village. Both upper and lower units feature open floor plans with abundant sunlight. Currently rented to wonderful tenants on 12-month leases. Basement storage area with tenant owned washer/dryer. Some floors are original refinished Douglas Fir. Quiet neighborhood within walking distance to all that Lake Placid has to offer. A wonderful opportunity for rental income as well as a small family to live in one unit and rent out the other to offset carry costs.

More Information MLS# 207902

Contract Information

Short Term Rental Options: Unknown Current Price: $375,000 Original List Price: 375000 List Price: $375,000 Status: Active Listing Contract Date: 2026-07-18 Property Sub Type: Duplex Listing Agreement: Exclusive Right To Sell

Location, Tax, and Legal

Tax Annual Amount: 3772 Tax Assessed Value: 292400 Land Tax Annual Amount: 1053 Deed Date: 2016-04-14

General Property Information

Number Of Buildings: 1 Number of Units: 2 Building Area Total: 1518 Year Built: 1930 Open Parking YN: 1 Open Parking Spaces: 4 Sign On Property YN: 1

Status Change Information

Status Change Timestamp: 2026-07-18 Major Change Timestamp: 2026-07-18T17:54:08Z Major Change Type: New Listing

Architectural Style

Old Style: 1

Basement

Full: 1 No Inside Entry: 1

Common Walls

No Common Walls: 1

Construction Materials

Wood Siding: 1

Cooling

None: 1

Deed Details

Instrument: Deed Page: 52 Volume: 1834

Documents Available

Deed: 1

Electric

200+ Amp Service: 1

Exterior Features

Balcony: 1

Fencing

None: 1

Financial Details

School Taxes: 1456 School Taxes Description: Actual Village Taxes: 1252 Village Taxes Description: Actual

Flooring

Hardwood: 1

Foundation Details

Block: 1

Heating

Tank Location: None Electric: 1

Interior Features

Apartment: 1

Laundry Features

See Remarks: 1

Levels

Bi-Level: 1

Listing Terms

Cash: 1 Conventional: 1

Other Structures

None: 1

Parking Features

Driveway: 1 Off Street: 1 On Street: 1

Pool Features

None: 1

Road Frontage Type

Public: 1

Road Surface Type

Paved: 1

Roof

Asphalt: 1

Sewer

Public Sewer: 1

Structure Type

Duplex: 1

Utilities

Electricity Connected: 1 Internet Connected: 1 Sewer Connected: 1 Water Connected: 1

View

Neighborhood: 1

Water Source

Public: 1

Income and Expenses

Gross Income: 23200 Water Sewer Expense: 745

Owner Pays

Sewer: 1 Water: 1

Tenant Pays

Electricity: 1

Unit One

Unit #: 1 Actual Rent: 950 Bathrooms Full: 1 Beds Total: 2 Leased: Yes Refrigerator: 1 Total SqFt: 874

Unit Two

Unit #: 2 Actual Rent: 1000 Bathrooms Full: 1 Beds Total: 1 Leased: Yes Refrigerator: 1 Total SqFt: 644

Location Tax and Legal

Street Number: 41 Street Name: School Street Suffix: Street County: Essex State: NY Postal Code: 12946 MLS Area Major: Lake Placid Township: N Elba School District: Lake Placid Parcel Number: 42.207-3-4.000 Directions: Main Street to School Street. House is past Golden on the left just past the old Oak tree.

Meter Information

Number Of Separate Electric Meters: 2

Unit Details

Number Of Units Leased: 2

Property Features

Architectural Style: Old Style Basement: Full; No Inside Entry Common Walls: No Common Walls Construction Materials: Wood Siding Cooling: None Documents Available: Deed Electric: 200+ Amp Service Exterior Features: Balcony Fencing: None Flooring: Hardwood Foundation Details: Block Heating: Electric Interior Features: Apartment Laundry Features: See Remarks Levels: Bi-Level Listing Terms: Cash; Conventional Other Structures: None Owner Pays: Sewer; Water Parking Features: Driveway; Off Street; On Street Pool Features: None Road Frontage Type: Public Road Surface Type: Paved Roof: Asphalt Sewer: Public Sewer Structure Type: Duplex Tenant Pays: Electricity Utilities: Electricity Connected; Internet Connected; Sewer Connected; Water Connected View: Neighborhood Water Source: Public Unit One: Refrigerator Unit Two: Refrigerator
Listing Courtesy of Bob Miller Real Estate
IDX
Information deemed reliable but not guaranteed.